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Fats and Oils Industry Overview

Chemical Economics Handbook

Contents

Executive summary 13
Summary 14
Introduction 21
Basic chemistry and components 22
Food labeling 23
Classification and composition 24
Manufacturing processes 25
Refining 25
Further processing 26
Bleaching 27
Hydrogenation 27
Winterization (fractionating) 29
Plasticizing 29
Molecular rearrangement (interesterification) 29
Deodorization 29
Supply and demand by region 31
United States 31
Producing companies 31
Current suppliers 31
Newly announced projects 45
Salient statistics 48
Production 49
Consumption by type 50
Edible vegetable oils 52
Canola oil 52
Corn oil 53
Cottonseed oil 55
Olive oil 56
Peanut oil 56
Sesame oil 58
Soybean oil 58
Sunflower oil 60
Palm oils 61
Coconut oil 61
Palm oil 62
Palm kernel oil 63
Industrial oils 64
Linseed oil 64
Tall oil 65
Other 67
Animal fats 69
Tallow and grease 69
Other 70
Marine oils 72
Consumption by market 73
Food uses 74
Fat substitutes 76
Manufactured products 76
Nonfood uses 79
Biodiesel and renewable diesel 80
Fatty acids 80
Animal feeds 80
Paints and coatings 81
Plastics additives 82
Soaps 82
Lubricants and greases 83
Cosmetics and pharmaceuticals 84
Other 85
Price 86
Trade 88
Imports 88
Exports 88
Canada 89
Mexico 93
Central and South America 97
Argentina 110
Brazil 111
Colombia 112
Europe 113
Western Europe 117
Producing companies 117
ADM 128
Bunge 128
Cargill 129
Salient statistics 129
Production 130
Consumption by type 132
Edible vegetable oils 134
Corn oil 134
Cottonseed oil 134
Olive oil 135
Peanut oil 135
Rapeseed oil 136
Sesame oil 136
Soybean oil 137
Sunflower oil 137
Palm oils 138
Coconut oil 138
Palm oil 138
Palm kernel oil 139
Industrial oils 140
Castor oil 140
Linseed oil 140
Animal fats 141
Butter 141
Lard 141
Tallow and grease 142
Marine oils 143
Other 143
Consumption by market 143
Food uses 145
Animal feeds 145
Nonfood uses 146
Biodiesel and renewable diesel 146
Fatty acids and fatty alcohols 148
Paints and coatings 148
Lubricants 149
Other 149
Consumption by country 149
France 150
Germany 151
Italy 153
Netherlands 154
Spain 154
Price 155
Trade 156
Imports 156
Exports 158
Central Europe 160
Producing companies 160
Salient statistics 163
Production 164
Consumption by type 166
Edible vegetable oils 167
Corn oil 167
Cottonseed oil 168
Olive oil 168
Peanut oil 168
Rapeseed oil 169
Sesame oil 169
Soybean oil 169
Sunflower oil 170
Palm oils 170
Coconut oil 170
Palm oil 171
Palm kernel oil 171
Industrial oils 172
Castor oil 172
Linseed oil 172
Animal fats 172
Butter 172
Lard 173
Tallow and grease 173
Marine oils 174
Consumption by market 174
Consumption by country 174
Price 176
Trade 176
Imports 176
Exports 178
CIS and Baltic States 180
Producing companies 180
Salient statistics 183
Production 185
Consumption by type 187
Edible vegetable oils 188
Corn oil 188
Cottonseed oil 189
Olive oil 189
Peanut oil 190
Rapeseed oil 190
Sesame oil 190
Soybean oil 191
Sunflower oil 191
Palm oils 192
Coconut oil 192
Palm oil 192
Palm kernel oil 192
Industrial oils 193
Castor oil 193
Linseed oil 193
Animal fats 194
Butter 194
Lard 194
Tallow and grease 194
Marine oils 195
Consumption by market 195
Consumption by country 196
Russia 197
Ukraine 198
Price 199
Trade 199
Imports 199
Exports 201
Middle East 203
Producing companies 203
Salient statistics 211
Production 212
Consumption by type 214
Consumption by country 215
Iran 216
Turkey 217
Trade 218
Imports 218
Exports 220
Africa 222
Producing companies 222
Salient statistics 231
Production 233
Consumption by type 235
Consumption by country 236
Egypt 238
Nigeria 239
South Africa 239
Trade 240
Imports 240
Exports 243
Indian Subcontinent 245
Producing companies 245
Salient statistics 250
Consumption by type 252
Edible vegetable oils 254
Corn oil 254
Cottonseed oil 255
Peanut oil 255
Rapeseed oil 255
Sesame oil 256
Soybean oil 256
Sunflower oil 257
Safflower oil 257
Olive oil 258
Palm oils 258
Coconut oil 258
Palm oil 259
Palm kernel oil 259
Industrial oils 260
Castor oil 260
Linseed oil 260
Animal fats 261
Butter 261
Lard 261
Tallow and grease 262
Fish oil 262
Consumption by country 263
India 263
Salient statistics 263
Production 264
Consumption 265
Trade 266
Pakistan 267
Afghanistan 268
Bangladesh 268
Nepal 269
Sri Lanka 269
Mainland China 270
Producing companies 270
Salient statistics 273
Production 274
Consumption by type 275
Edible vegetable oils 277
Corn oil 277
Cottonseed oil 277
Olive oil 278
Peanut oil 279
Rapeseed oil 279
Sesame oil 280
Soybean oil 281
Sunflower oil 282
Palm oils 282
Coconut oil 282
Palm oil 283
Palm kernel oil 284
Industrial oils 284
Castor oil 284
Linseed oil 285
Animal fats 285
Butter 285
Lard 286
Tallow and grease 287
Marine oils 287
Consumption by market 288
Food uses 289
Direct use 289
Food processing 289
Nonfood uses 289
Price 289
Trade 290
Japan 292
Producing companies 292
Salient statistics 293
Consumption by type 295
Edible vegetable oils 296
Corn oil 296
Cottonseed oil 298
Peanut oil 299
Rapeseed oil 300
Rice bran oil 301
Safflower oil 302
Sesame oil 303
Soybean oil 304
Other 305
Palm oils 307
Coconut oil 307
Palm oil 308
Palm kernel oil 309
Industrial oils 310
Linseed oil 310
Tall oil 310
Other 311
Animal fats 312
Beef tallow 312
Lard 314
Marine oils 314
Fish oil 314
Sperm oil 316
Consumption by market 316
Food uses 316
Direct use 316
Food processing 317
Nonfood uses 317
Price 317
Trade 319
Other Northeast Asia 320
Producing companies 320
Salient statistics 320
Consumption 322
Edible vegetable oils 323
Corn oil 323
Cottonseed oil 324
Peanut oil 324
Rapeseed oil 325
Sesame oil 325
Soybean oil 326
Sunflower oil 326
Olive oil 327
Palm oils 327
Coconut oil 327
Palm oil 328
Palm kernel oil 328
Industrial oils 329
Linseed oil 329
Castor oil 329
Animal fats 330
Tallow and grease 330
Lard 330
Butter 331
Fish oil 331
Consumption by region 332
South Korea 332
Taiwan 333
Southeast Asia and Oceania 333
Producing companies 333
Salient statistics 346
Consumption by type 347
Edible vegetable oils 349
Corn oil 349
Cottonseed oil 350
Peanut oil 350
Rapeseed oil 351
Sesame oil 351
Soybean oil 352
Sunflower oil 352
Olive oil 353
Palm oils 353
Coconut oil 353
Palm oil 354
Palm kernel oil 354
Industrial oils 355
Castor oil 355
Linseed oil 355
Animal fats 356
Butter 356
Lard 356
Tallow and grease 357
Fish oil 357
Consumption by country 358
Indonesia 358
Salient statistics 358
Production 359
Consumption 360
Trade 361
Malaysia 362
Salient statistics 362
Production 363
Consumption 364
Trade 365
Myanmar 366
Philippines 367
Singapore 367
Thailand 368
Vietnam 369
Australia 370
Salient statistics 370
Production 371
Consumption 372
Trade 373
New Zealand 374
Papua New Guinea 375
Appendix: Geographic regions 376
Additional resources 377
Revisions 378
Data Workbook 379
Notice 380
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